Passing/Studying level 2 after taking 3 years off from taking level 1? taking, because, everyone, december, recently

noel

I was curious what everyone thought. I took level 1 in december of 2007. I have just recently thought about taking level 2 but I am curious what you guys think. Do you think that i will be screwed because i took to much time off? how much does level 2 build off of level 1? is it just a lost cause given how much time off i took. thank you very much in advance for your advice

DSquaredSlim

I don't understand why it will be a disadvantage...on the contrary, start now and you'll have an edge over the others..............

madaochenggong

Ethics is that much more intense on L2 than on L1? how so?

Sportsman

braddpitt69 Wrote:
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> I took Level 1 in June of 2007, and killed Level 2
> this past year.
>



>
Forgot to mention - I also took a couple years off between levels

huh?

RMontgomery

Forgot to mention - I also took a couple years off between levels

liquidity

also depends on what your profession is i guess.....if theres no "finance" exposure anywhere and L1 was all the finance you ever studied, then it might be prudent to go over the L1 basics before attacking L2....the L2 material from schweser actually contains a thin separate volume that recaps everything from L1 so thats a good thing as well for you although i never used it for L2 cos i gave L1 and L2 dec-june back to back...

nevertheless, i guess better late than never....so yes you should certainly give L2 a shot....it is a much tougher exam compared to L1, and the amount and depth of material will make L1 look like a joke in comparison....however, dont let that disillusion you....if you study hard and practice and prepare well there is no reason why you cant clear it...

genuinecfa

I took Level 1 in June of 2007, and killed Level 2 this past year.

You will do fine if you prepare well. The main overlap between Level 1 and Level 2 is Ethics (you need to study this 3x more anyway), and Financial Statement Analysis.

defour44

7-8 months really? i was thinking 5-6. i must be underestimating this exam. thanks for responding